IRS Calls on Coca-Cola to Pay Up

Coca-Cola might owe an additional $3.3 billion in federal income taxes following an audit, says the Internal Revenue Service (IRS).

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Debt Ceiling Crisis Déjà Vu?

In 2013, the country gasped at the willingness of radical deficit-hawks to hold the country’s credit-worthiness hostage in an attempt to force cuts to Social Security and Medicare.

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Let's Stop the Tax Cuts for Corporations Instead

How much would it cost to #StopTheCuts to all the non-defense programs threatened by sequestration next year? $37 billion. And even if the sequester is averted, funding for these programs would be at historically low levels, following years of reduced funding.

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Don’t Pave Our Potholes with Corporate Tax Cuts

If drivers won’t pay 21st century prices for 21st century roads, our once world-class infrastructure will go the way of dial-up Internet.

Life was different in the 1990s. Back in ‘93, a lucky few used dial-up Internet to access one of 800 websites available worldwide. Smart phones were a distant dream. The TV dinosaur Barney had just started “edutaining” America’s children.

And gas cost about $1.30 a gallon — including 18.4 cents in federal taxes to build and maintain our roads, bridges, and transit systems.

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Trump’s is a Tax Plan for the Wealthy

The recently released details of presidential candidate Donald Trump’s anticipated tax plan provide insight into the real estate mogul’s vision for the tax code—a vision in which the wealthiest Americans receive massive tax giveaways.

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New Research Finds Excessive Stock Option Compensation Leads CEOs to Ignore Product Safety Problems

When CEOs receive a large quantity of stock options in their pay packages, they are more likely to ignore safety problems with the products they market, concludes a new study, Throwing Caution to the Wind, by a trio of professors at Notre Dame’s Mendoza School of Business –Adam Wowak, Michael Mannor, and Kaitlin Wowak.

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Hiring Millennials is Critical

The federal workforce is aging. Among federal civilian employees, close to half are over the age of fifty. Roughly one-third, or 600,000, will be eligible to retire by September of 2017. A number of recent articles have discussed the federal government’s inability to bring in and retain young people.

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Will Justice Prioritize Corporate Wrongdoers?

The Department of Justice has been heavily criticized in the wake of the financial crisis for not doing enough to put the executives behind irresponsible corporations behind bars.

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Protect Social Security Disability Insurance Without Cutting Benefits

The Social Security Disability Fund is a crucial part of Social Security that provides support to people with serious disabilities and medical conditions. In 2016, the fund will need to be replenished to continue protecting people with disabilities and their families at the same levels as in the past. Failure to act will result in a 20 percent cut in assistance for the disabled next year. 

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CEG's Scott Klinger on Los Angeles Public Radio

CEG’s Scott Klinger talks with Los Angeles Public Radio’s Ian Masters about the effect of the dramatic stock market decline on Americans’ retirement security. The pair discuss ways the government could create retirement options that would allow workers invest in rebuilding America’s crumbling infrastructure, as an alternative to using our retirement dollars to fatten Wall Street’s profits and power.

 

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